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Reuters reported that London copper ended at $7,295 after unexpected rate cut in China and a downgrade of Spain’s credit rating.
Reuters reported that London copper ended at $7,295 after unexpected rate cut in China and a downgrade of Spain’s credit rating.
As quoted in the market news:
In New York, the COMEX July contract dropped 8.55 cents or 2.5 percent to settle at $3.2850 per lb, near the bottom of its $3.2635 to $3.3685 session range.
